Arindam Mitra

A landmark hotel in Sur, operating for the last 22 years, formerly Mercure and presently a white label brand managed by Aitken Spence, is to be converted to Best Western.

• Formulate and make recommendations to the Executive Committee for short and long-term strategic plans for the hotel assets with a projected NOP of 250,000 OMR in 2024.
• Meet with hotel executive teams to review monthly and quarterly operating performance, annual business plans, and longer-term strategic plans (GSS up from 7.4 to 8.5, GOP to 42%, Pay Roll from 36.7% to 34%).
• Proactively identify and resolve ownership issues to maintain the integrity of the assets.
• Prepare investment summaries and make recommendations for major hotel expenditures.
• Analyze and track the return on investment for the assets, as well as profit-improving projects, either implemented or proposed.
• Monitored financial performance and identified areas for improvement in cost savings and revenue generation.

• Conversion to a Marriott – Four Points by Sheraton, and make it commercially viable. The hotel has 239 keys and 6 food & beverage outlets.
• Successfully launched the hotel with positive guest reviews and have completed the ATO Audit.
• Revenue target of AED35 Million, with a healthy GOP, EBITA, and APC.
• Proactively identify and resolve ownership issues to maintain the integrity of the assets
• Supervised critical budget implementations, employee reviews, training and scheduling for projects.
• Prepare investment summaries and make recommendations for major hotel expenditures
• Analyse and track of return on investment for the assets as well as profit improving projects, either implemented or proposed
• Provide input to monthly, quarterly and annual internal reports to the Executive Committee for all assets in the designated portfolio
• Ensured that customer service standards were met or exceeded at all times.
• Developed and implemented effective strategies to maximize sales and profits.

• Responsible is launching a Budget Brand – MySuprinn Globally by 2021 Q2 as SBU Head, with approximately 5000 keys by 2029.
• Responsible is launching a Budget Brand – MySuprinn Globally by 2021 Q2 as SBU Head, with approx.
• Negotiated contracts with vendors for services, products and supplies.
• Formulated policies that improved operational efficiency and productivity.
• Managed financial operations, overseeing budgeting, forecasting and financial analysis activities.
• Hired, trained, and mentored staff members to maximize productivity.

• Responsibility in identification of assets and completion of initiatives, which include running, refurbishment, and development of Hotel Projects in Nepal and East India.
• Prepare investment summaries and make recommendations for major hotel expenditures
• Responsible for opening the First Fern & Beacon Hotel Internationally and a Taj in Kathmandu on behalf of the Owning Company – CG Group, one of the most well-respected Business Houses of Nepal.
• Responsibility in identification of assets and completion of initiatives, which include running, refurbishment, and development of Hotel Projects in Nepal and East India.
• Created effective business plans to focus strategic decisions on long-term objectives.
• Directed or coordinated financial or budget activities to fund operations and maximize investments.

• Admiral Plaza & Gateway Hotel together have 330 rooms, centrally located in the heart of Dubai’s financial and historical district, Bur Dubai, on Khalid Bin Waleed Street.
• Budget achieved of 40 million AED with a record of 91% occupancy, with an improved GOP of 4% over the previous year, through cost optimization.
• The hotel underwent renovation under my leadership.
• Admiral Plaza & Gateway Hotel together have 330 rooms, centrally located in the heart of Dubai's financial and historical district, Bur Dubai, on Khalid Bin Waleed Street.

• Developed strategies to maximize return on investments and reduce risk exposure.
• Monitored performance of investments and provided regular reports to stakeholders.
• Analyzed financial data, industry trends, and market conditions to identify opportunities for asset growth.
• Coordinating relationships with different operators.
• Responsible for selecting, shortlisting Operators for new Hotel developments, inviting RFPs from the Hotel Operators, shortlisting on behalf of the client, and presenting to the Clients with our recommendations of the best-suited Operator.
• Finalizing various hotel operators' contracts for different brands and categories of hotels.
• Asset managing on behalf of the Owners - new and existing hotels, and other Hospitality-related developments.
• Negotiation and finalization of MOU and the definitive agreements between the owners and operators.
• Responsibility is the identification and completion of real estate asset management initiatives, which include running, refurbishment, development, and investment disposals worth approximately, focused on the Hospitality part worth approximately. USD 250 million